Thursday, September 18, 2014

MALAYSIA:: No EPF payment, 249 directors can’t leave the country

Errant employers were fined RM162,200 by the courts
EDT  KwspKUALA LUMPUR: A total of 249 names of company directors have been submitted to the Immigration Department to prevent them from leaving the country for not settling their Employees Provident Fund (EPF) contribution arrears.
In a statement today, EPF said the names submitted was for the second quarter of the year.
Head of Corporate Affairs Nik Affendi Jaafar said the EPF would not hesitate to take firm action against employers and company directors who failed to remit their employees’ monthly EPF contributions.

During the quarter, 114 errant employers were fined RM162,200 by the courts under Section 43(2) of the EPF Act 1991.
A total of 270 civil suits were filed with the courts against company directors while 843 criminal cases were filed against employers who have defaulted on their employees’ monthly EPF contributions.
Among the errant employers were Jimat Padu Enterprise from Sarawak, which received the highest fine of RM6,000.
Kok Ann Construction Works (M) Sdn Bhd (Selangor) was fined RM5,300; Konsultant Timur (Sarawak) and two Penang-based companies – Kleasound Sdn Bhd and Bright Formula (M) Sdn Bhd (RM5,000 each); and LD Technologies (M) Sdn Bhd (Kedah) was fined RM4,000.
Nik Affendi said errant employers were usually allowed by the court to settle their contribution arrears by installments of up to six months.
“During this period, the EPF will monitor them closely to ensure that the outstanding amounts are paid in full”.
“Once the full amount has been received, the EPF will credit all outstanding contributions to the respective members’ accounts,” he added. 

No comments:

Post a Comment